Analytical Procedures

In undertaking the risk assessment of the a2 Milk Company Ltd,

-Based on the annual report of 2018 and the extra information given, conduct analytical procedures using common-size and ratio analysis. For the common-size analysis, use data for at least two years 2018-2019. For the ratio analysis.

-Discuss the results of the analytical procedures outlining potential problem areas (that is, where possible material misstatements in the financial reports exist) and any other special concerns (for example, going concern). Specify the account balances and related assertions that would require particular attention in the audit.